THE HIGHLANDS, HISTONS HILL, CODSALL, WOLVERHAMPTON, WV8 2EY - £900,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE HIGHLANDS is a very large extended detached house of 324m², built sometime between 1900 and 1929, which could now be worth an estimated £1,143,169. It was last sold for £900,000 in May 2020, which was around 165% above the average May 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

THE HIGHLANDS Sold Prices

Land registry data shows two sales for THE HIGHLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two THE HIGHLANDS sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 29 MAY	£900,000	£339,564	165% above HPI
2000 14 SEP	£310,000	£129,023	140% above HPI

THE HIGHLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two THE HIGHLANDS sales from September 2000 and May 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2000 sale was for 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the May 2020 sale, where it rises to 165% above the HPI. The line then continues to track at 165% above the HPI.

What might THE HIGHLANDS be worth now?

THE HIGHLANDS might now be worth an estimated £1,143,169.

This is based on house price inflation of 27%, between May 2020 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27% inflationary increase is applied to the most recent sale price for THE HIGHLANDS of £900,000 on 29th May 2020. For the value to have increased from £900,000 to £1,143,169 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of THE HIGHLANDS has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The May 2020 sale price of £900,000 represented a fair market value for the property.
• The size, condition, and specification of THE HIGHLANDS has not materially changed since May 2020.

How Large is THE HIGHLANDS?

THE HIGHLANDS is 324m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 10% of detached houses houses in Codsall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Codsall, and where THE HIGHLANDS lies on this distribution: 99% of detached houses houses are smaller than THE HIGHLANDS, and 1% of houses are larger. Note that EPC data is not available for all properties in Codsall.

THE HIGHLANDS: Plot and Title Map

THE HIGHLANDS sits on a plot of roughly 0.408 of an acre, or 1,652m². The below map shows the location of THE HIGHLANDS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE HIGHLANDS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE HIGHLANDS?

THE HIGHLANDS is located on HISTONS HILL in CODSALL, in the WV8 postcode district. The below map shows the position of THE HIGHLANDS on HISTONS HILL.